BMD to MVR Exchange Rate - Convert Bermuda Dollar to Maldives Rufiyaa

Converting from Bermuda Dollar (BMD) to Maldives Rufiyaa (MVR)

What is Bermuda Dollar (BMD)

The Bermuda Dollar (BMD) is the official currency of Bermuda, a British Overseas Territory located in the North Atlantic Ocean. The currency was introduced in 1970 and operates at a one-to-one exchange rate with the United States Dollar (USD). This means that one BMD is equivalent to one USD, making it a stable currency for trade and commerce. The Bermuda Dollar is abbreviated as BMD and is symbolized by the dollar sign ($).

Bermuda is known for its tourism, finance, and insurance industries. As such, the BMD is widely accepted in transactions related to these sectors. The country often attracts tourists, which adds demand for the Bermuda Dollar. The currency is issued and managed by the Bermuda Monetary Authority (BMA), which ensures the stability and credibility of the currency in both domestic and international markets.

When traveling to Bermuda, visitors will find that many businesses, restaurants, and hotels accept payments in BMD. However, USD is equally accepted, and most change will be given in Bermuda Dollars. This dual acceptance makes it easier for tourists, as they can use USD interchangeably without much hassle.

What is Maldives Rufiyaa (MVR)

The Maldives Rufiyaa (MVR) is the official currency of the Maldives, a tropical paradise known for its stunning atolls and vibrant marine life. The Rufiyaa is subdivided into 100 laari, although laari coins are rarely used in practice. Introduced in 1981, the MVR has become a symbol of the Maldives’ rich culture and tourism-driven economy. The currency is often denoted as MVR and uses the Rufiyaa sign (₨).

The Maldives relies heavily on tourism, which includes luxurious beach resorts and water sports. As a result, the Rufiyaa is primarily used in local markets, while USD is often accepted in hotels and tourist shops. This dual currency system is beneficial for travelers, providing flexibility when spending. The Maldives Monetary Authority (MMA) is responsible for issuing and regulating the Rufiyaa to maintain its value.

To convert from Bermuda Dollars (BMD) to Maldives Rufiyaa (MVR), one can reference current exchange rates provided by financial institutions or online currency converters. Exchange rates fluctuate due to various market forces, so it is advisable to check the rates frequently.

As an example, if the exchange rate is $1 BMD = 15 MVR$, then converting $100 BMD$ would yield $100 × 15 = 1500 MVR$. Understanding these currencies and their conversion can enhance your travel experience and ensure you manage your finances effectively while enjoying the cultural richness of Bermuda and the Maldives.

Bermuda Dollar to Maldives Rufiyaa conversion table

BMD to MVR conversion table

Bermuda Dollar (BMD)Maldives Rufiyaa (MVR)
1 BMD15.41998425059 MVR
2 BMD30.83996850118 MVR
3 BMD46.25995275177 MVR
4 BMD61.67993700236 MVR
5 BMD77.09992125296 MVR
6 BMD92.51990550355 MVR
7 BMD107.93988975414 MVR
8 BMD123.35987400473 MVR
9 BMD138.77985825532 MVR
10 BMD154.19984250591 MVR
100 BMD1 541.9984250591 MVR
200 BMD3 083.9968501182 MVR
300 BMD4 625.9952751773 MVR
400 BMD6 167.9937002364 MVR
500 BMD7 709.9921252955 MVR
600 BMD9 251.9905503546 MVR
700 BMD10 793.9889754137 MVR
800 BMD12 335.9874004728 MVR
900 BMD13 877.9858255319 MVR
1 000 BMD15 419.984250591 MVR
2 000 BMD30 839.968501182 MVR
5 000 BMD77 099.921252955 MVR
10 000 BMD154 199.84250591 MVR
20 000 BMD308 399.68501182 MVR
50 000 BMD770 999.21252955 MVR
100 000 BMD1 541 998.4250591 MVR
Last updated June 10, 2025 at 12:00 AM